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Selling pressure has intensified and Nifty is hovering near day’s low level. There are 21 advances and 30 declines in the index reflecting negative undertone. Immediate support level may be placed at 9830 level for Nifty50 index.Nifty IT index is trading at 10372 level, down by 68 points or 0.65%. Infosys is 3% off its intraday high of Rs 1006 per share. The stock was trading at Rs 982.2 per share, up by Rs 5.15 per share or 0.53%. TCS is top loser in Nifty IT index trading at Rs 2399 per share, down by Rs 47.4 per share or 1.94%.
Other IT stocks like JustDial, Tata Elxsi, HCL Technologies and Wipro were also trading in negative territory.The S&P BSE Sensex is trading at 32006 down 30 points, while NSE Nifty is trading at 9872 down 19 points. A total of 43 stocks registered a fresh 52-week high in trade today, while 15 stocks touched a new 52-week low on the NSE.
Other IT stocks like JustDial, Tata Elxsi, HCL Technologies and Wipro were also trading in negative territory.The S&P BSE Sensex is trading at 32006 down 30 points, while NSE Nifty is trading at 9872 down 19 points. A total of 43 stocks registered a fresh 52-week high in trade today, while 15 stocks touched a new 52-week low on the NSE.
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